Ethical and community values are increasingly important to customers when they are investing in financial products, it has been argued.
Rachel Le Brocq, press and public affairs manager at the Building Societies Association, explained building societies and mutuals are well placed to capitalise on this.
"Community is very important to building societies and mutuals and looking after their local communities as well as the overall ethics side of things," she observed.
"They take pride in supporting their local causes."
Meanwhile, the Fair Investment Company has cautioned consumers to be sensible when considering whether to take out a credit card .
Rachel Mason, spokesperson for the company, urged Britons not to take out such products just because they are offered them.
It is up to customers to decide if they can afford to borrow money and how long it might take them to pay it back, Ms Mason said.
Ethical and community values are increasingly important to investments
Ethical and community values are increasingly important to investments
Tue, 31 Aug 2010
Recommended links
Investments and online sharesInvestments enquiry form
Investments review form
Ethical investments
Stock market investments guide
New investment funds from Aegon
Investment opportunities still available for children
Fidelity investment given AA rating
Child Trust Fund plea after parents give backing
Investors urged to use capital gains tax free allowance
| Stocks & Shares news |
|---|
| Investors happy to make own decisions but lack SIPP knowledge, survey finds - Tue, 05 Apr 2011 |
| Investors put off switching Isas by low rates and fear of mistakes - Thu, 31 Mar 2011 |
| Investors shunning banks when taking out an Isa - Tue, 22 Mar 2011 |
| More News |
